LNG terminals and downstream infrastructure company, AG&P LNG, a subsidiary of Nebula Energy, is to acquire 100% stake in the Cai Mep LNG terminal, located in Vũng Tàu province in South Vietnam.
This move follows AG&P LNG’s initial acquisition of a 49% stake in 2024 and reflects Nebula Energy’s strong commitment towards Vietnam economic development.
Upon completion of the transaction and regulatory approvals, Cai Mep LNG Terminal Co will become a wholly owned subsidiary of AG&P LNG, with Hai Linh Co fully divesting its shareholding.
The deal remains subject to customary regulatory approvals and closing conditions.
